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132844

Limitations of Historical Cost Accounting Information under Inflationary Conditions: A Theoretical Study

Article

Last updated: 04 Jan 2025

OverviewSimilar Items

Subjects

-

Tags

علوم المحاسبة وإدارة الأعمال

Abstract

Abstract:
This study discusses the limitations of historical cost accounting information under inflationary conditions by introducing a review of the previous literature on inflation accounting.
         The study concludes that historical-cost financial statements prepared underinflationary conditions could be misleading. Furthermore, inflation impairs the financial accounting role a basis for decision-making. Hence, the need for the adjustment of the historical cost financialstatements to reflect currenteconomic realities becomes inevitable.

DOI

10.21608/zcom.2020.132844

Authors

First Name

أحمد محمد

Last Name

زامل

MiddleName

-

Affiliation

قسم المحاسبة، کلية التجارة، جامعة الزقازيق، مصر

Email

ahmed.zamel@aractic-solutions.org

City

القاهرة

Orcid

-

First Name

أحمد هاني

Last Name

بحيري

MiddleName

-

Affiliation

قسم المحاسبة، کلية التجارة، جامعة الزقازيق، مصر

Email

-

City

الزقازيق

Orcid

-

First Name

دينا علي عبدالحميد

Last Name

حفني

MiddleName

-

Affiliation

قسم المحاسبة، کلية التجارة، جامعة الزقازيق، مصر

Email

-

City

الزقازيق

Orcid

-

Volume

42

Article Issue

4

Related Issue

18272

Issue Date

2020-10-01

Receive Date

2020-12-27

Publish Date

2020-10-01

Page Start

3

Page End

22

Print ISSN

1110-7731

Online ISSN

2735-4512

Article File

ZCOM_Volume 42_Issue 4_Pages 3-22.pdf

PDF . 590.6kB

Link

https://zcom.journals.ekb.eg/article_132844.html

Detail API

https://zcom.journals.ekb.eg/service?article_code=132844

Order

7

Type

تجاریة کل ما یتعلق بالعلوم التجاریة

Type Code

1,572

Publication Type

Journal

Publication Title

مجلة البحوث التجارية

Publication Link

https://zcom.journals.ekb.eg/

MainTitle

Limitations of Historical Cost Accounting Information under Inflationary Conditions: A Theoretical Study

Details

Type

Article

Created At

23 Jan 2023